High-yield savings accounts offer big advantages right now, but there are a few things to know before opening one.

Overdraft fees: Members who receive $1,000 or more in total monthly direct deposits are eligible for no overdraft fee.

Choosing a high-yield savings account Annual percentage yield Compound interest Fees Access to funds Opening deposit and balance requirements Other financial products FAQs Compare offers to find ...

When it comes to earning as much interest as possible, high-yield savings accounts are the clear winner. They may offer rates up to 11 times higher than regular savings accounts, which can add up ...

A savings account's annual percentage yield, or APY, determines the amount of interest an account holder earns in a year. This is an important number to look at when choosing a high-yield savings ...

Whether your goal is to maximize interest earnings, avoid hidden fees or find the best place to grow your emergency fund, the best savings accounts provide a combination of high annual percentage ...

Live Oak Bank’s Business Savings Account earned the top rating in our study. It offers one of the highest interest rates among business savings accounts and has no monthly fees or minimum ...

Aaron is an avid global traveler and miles and points enthusiast. In addition to writing for Forbes.com, Aaron is a full-time professional advisor to Fortune 500 companies at a global consulting firm.

Despite recent Fed rate cuts putting the squeeze on interest rates across the board, several online banks continue offering eye-popping yields on high-yield savings accounts (HYSAs) that dwarf ...